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Lipper: 2018 Was An Outstanding Year For ETFs In Europe

FYI: The year 2018 was an outstanding year for exchange-traded funds even though it was a tough year for the European fund industry overall. The return of volatility caused by uncertainties coming from a possible trade war between the USA and China, the ongoing Brexit discussions, and a possible return of the euro crisis after the forming of a government in Italy led European investors to reduce the risk in their portfolios. The corresponding transactions led to overall outflows of -129.2 billion euro from mutual funds registered for sale in Europe over the course of 2018. In contrast to their actively managed peers (-171.4 billion euro), ETFs registered for sale in Europe enjoyed inflows of 42.2 billion euro and had another positive year.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/2019/01/monday-morning-memo-2018-was-an-outstanding-year-for-etfs-in-europe/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_FundsWeekly_21Jan2019R&elqTrackId=cccda755a8df40ff8027ec544de0cc54&elq=5c3e6353325d40d1b7561be62fe80500&elqaid=40653&elqat=1&elqCampaignId=166
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